A big Brooklyn auction was held this Tuesday, and the surprising bid of the day was 463 86th Street, pictured above. Says a tipster: “463 86th Street starting bid was $1.6m. 4 sharks bid against each other and it went for the high price of $2,820,000. It’s 2006 all over again. I believe that the bidder was a front guy for Thor equities Joe Sitt.” A real estate blog confirms, and says it was the smallest purchase for Thor in NYC. The buyer was vague about development plans; right now it’s a modest building with a clothing store on the ground floor and an apartment on the second level. Of the 16 properties on the auction block, all but three were claimed. The minimum bid for the 13 purchased properties was $6.777 million, $7.225 million came in. 163A Halsey Street was picked up for $415,000, 244 Hawthorne Street for $475,000, and 151 Prospect Avenue for $340,000. See the full list of sales here.
True bidding war erupts at auction in Brooklyn [Malcolm Carter]
Aptsandlofts’ offices on Driggs Avenue in Williamsburg Corcoran Group’s Citi Habitats has purchased influential Brooklyn based real estate brokerage aptsandlofts.com
Negligent Landlord? Crown Heights Tenants Forum Tonight [McBrooklyn] Tasty New Arepas Pop-up at Brooklyn Safehouse [Greenpointers] Slopers Want to Bring…
Autumn means crisp weather, colorful leaves and, unfortunately for many, the flu. Although seasonal flu activity tends to peak at…
New York’s presidential primary vote doesn’t happen until April 19, 2016, but if you’re planning to participate and aren’t already…
As autumn sets in, summer’s outdoor favorites are drawing to a close.